This dataset provides values for GROSS NATIONAL PRODUCT reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

As of April 2025, South Africa's GDP was estimated at over 410 billion U.S. dollars, the highest in Africa. Egypt followed, with a GDP worth around 347 billion U.S. dollars, and ranked as the second-highest on the continent. Algeria ranked third, with nearly 269 billion U.S. dollars. These African economies are among some of the fastest-growing economies worldwide. Dependency on oil For some African countries, the oil industry represents an enormous source of income. In Nigeria, oil generates over five percent of the country’s GDP in the third quarter of 2023. However, economies such as the Libyan, Algerian, or Angolan are even much more dependent on the oil sector. In Libya, for instance, oil rents account for over 40 percent of the GDP. Indeed, Libya is one of the economies most dependent on oil worldwide. Similarly, oil represents for some of Africa’s largest economies a substantial source of export value. The giants do not make the ranking Most of Africa’s largest economies do not appear in the leading ten African countries for GDP per capita. The GDP per capita is calculated by dividing a country’s GDP by its population. Therefore, a populated country with a low total GDP will have a low GDP per capita, while a small rich nation has a high GDP per capita. For instance, South Africa has Africa’s highest GDP, but also counts the sixth-largest population, so wealth has to be divided into its big population. The GDP per capita also indicates how a country’s wealth reaches each of its citizens. In Africa, Seychelles has the greatest GDP per capita.

Key information about South Africa Gross National Product (GNP)

• South Africa Gross National Product (GNP) was reported at 99.420 USD bn in Sep 2024.
• This records an increase from the previous number of 98.852 USD bn for Jun 2024.
• South Africa Gross National Product (GNP) data is updated quarterly, averaging 33.053 USD bn from Mar 1960 to Sep 2024, with 259 observations.
• The data reached an all-time high of 119.436 USD bn in Jun 2011 and a record low of 2.002 USD bn in Mar 1960.

• South Africa Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
• CEIC converts quarterly Gross National Product into USD. The South African Reserve Bank provides Gross National Product in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Gross National Product in South Africa increased to 4720054 ZAR Million in the first quarter of 2025 from 4690165 ZAR Million in the fourth quarter of 2024. This dataset provides the latest reported value for - South Africa Gross National Income - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Seychelles recorded the highest Gross National Income (GNI) per capita in Africa as of 2023, at 16,940 U.S. dollars. The African island was, therefore, the only high-income country on the continent, according to the source's classification. Mauritius, Gabon, Botswana, Libya, South Africa, Equatorial Guinea, Algeria, and Namibia were defined as upper-middle-income economies, those with a GNI per capita between 4,516 U.S. dollars and 14,005 U.S. dollars. On the opposite, 20 African countries recorded a GNI per capita below 1,145 U.S. dollars, being thus classified as low-income economies. Among them, Burundi presented the lowest income per capita, some 230 U.S. dollars. Poverty and population growth in Africa Despite a few countries being in the high income and upper-middle countries classification, Africa had a significant number of people living under extreme poverty. However, this number is expected to decline gradually in the upcoming years, with experts forecasting that this number will decrease to almost 400 million individuals by 2030 from nearly 430 million in 2023, despite the continent currently having the highest population growth rate globally. African economic growth and prosperity In recent years, Africa showed significant growth in various industries, such as natural gas production, clean energy generation, and services exports. Furthermore, it is forecast that the GDP growth rate would reach 4.5 percent by 2027, keeping the overall positive trend of economic growth in the continent.

Südafrikas Gross National Product (GNP) belief sich im 2024-09 auf 99,419.899 USD Mio.. Dies stellt einen Anstieg im Vergleich zu den vorherigen Zahlen von 98,852.042 USD Mio. für 2024-06 dar. Südafrikas Gross National Product (GNP) werden vierteljährlich aktualisiert, mit einem Durchschnitt von 33,053.347 USD Mio. von 1960-03 bis 2024-09, mit 259 Beobachtungen. Die Daten erreichten ein Allzeithoch in Höhe von 119,435.577 USD Mio. im 2011-06 und ein Rekordtief in Höhe von 2,001.999 USD Mio. im 1960-03. Südafrikas Gross National Product (GNP) Daten behalten den Aktiv-Status in CEIC und werden von CEIC Data gemeldet. Die Daten werden unter World Trend Pluss Global Economic Monitor – Table: Gross National Product: USD: Quarterly kategorisiert.

Graph and download economic data for Gross National Income for South Africa (MKTGNIZAA646NWDB) from 1960 to 2024 about GNI, South Africa, and income.

As of 2023, the GDP of Africa was estimated at roughly 3.1 trillion U.S. dollars. This was the highest value since 2010 when the continent's GDP amounted to approximately 2.1 trillion U.S. dollars. The GDP value in Africa generally followed an upward trend in recent years and was estimated to exceed 4.2 trillion U.S. dollars by 2027.

Leading the charge: the three leading African economies

Among the African countries, in 2021, Nigeria had the highest GDP with approximately 442 billion U.S. dollars. South Africa and Egypt followed. These three countries have the largest economies for various reasons. The most notable factors are their population size, natural resources, and level of economic development. Furthermore, Africa was projected to have a real GDP growth rate of 3.9 percent in 2023. Libya was the economy experiencing the highest growth rate in that year.

The Sub-Saharan African economy on the rise

A global comparison showed that Sub-Saharan Africa had the smallest GDP among all world regions in 2021, amounting to 1.87 trillion U.S. dollars. A closer look revealed that Sub-Saharan Africa had a GDP per capita of 1,626.3 U.S. dollars in 2021, again the lowest worldwide. However, the region's economy was forecast to experience continued growth in the following years, with the real GDP increasing by 3.7 percent in 2023.

Gross National Product (GNP) Afrika Selatan dilaporkan sebesar 99.420 USD bn pada 2024-09. Rekor ini naik dibanding sebelumnya yaitu 98.852 USD bn untuk 2024-06. Data Gross National Product (GNP) Afrika Selatan diperbarui triwulanan, dengan rata-rata 33.053 USD bn dari 1960-03 sampai 2024-09, dengan 259 observasi. Data ini mencapai angka tertinggi sebesar 119.436 USD bn pada 2011-06 dan rekor terendah sebesar 2.002 USD bn pada 1960-03. Data Gross National Product (GNP) Afrika Selatan tetap berstatus aktif di CEIC dan dilaporkan oleh CEIC Data. Data dikategorikan dalam Global Economic Monitor World Trend Plus – Table: Gross National Product: USD: Quarterly.

Graph and download economic data for Gross National Income: All Income Levels for Sub-Saharan Africa (NYGNPMKTPCDSSF) from 1985 to 2024 about Sub-Saharan Africa, national income, GNI, gross, and income.

The statistic shows gross domestic product (GDP) per capita in Sub-Saharan Africa from 2019 to 2023, with projections up until 2029. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a positive change is an indicator of economic growth. In 2023, aggregated GDP per capita in Sub-Saharan Africa amounted to around 5,178.62 U.S. dollars.

Graph and download economic data for Gross National Income for Developing Countries in Middle East and North Africa (NYGNPMKTPCDMNA) from 1960 to 2024 about North Africa, Middle East, GNI, and income.

Central African Republic CF: GDP: Real: Gross National Income data was reported at 820,573.384 XAF mn in 2022. This records a decrease from the previous number of 827,157.002 XAF mn for 2021. Central African Republic CF: GDP: Real: Gross National Income data is updated yearly, averaging 813,915.909 XAF mn from Dec 2009 (Median) to 2022, with 14 observations. The data reached an all-time high of 985,104.165 XAF mn in 2012 and a record low of 628,884.026 XAF mn in 2013. Central African Republic CF: GDP: Real: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Central African Republic – Table CF.World Bank.WDI: Gross Domestic Product: Real. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

Seychelles had the largest Gross Domestic Product (GDP) per capita in Africa as of 2024. The value amounted to 21,630 U.S. dollars. Mauritius followed with around 12,330 U.S. dollars, whereas Gabon registered 8,840 U.S. dollars. GDP per capita is calculated by dividing a country’s GDP by its population, meaning that some of the largest economies are not ranked within the leading ten. Impact of COVID-19 on North Africa’s GDP When looking at the GDP growth rate in Africa in 2024, Libya had the largest estimated growth in Northern Africa, a value of 7.8 percent compared to the previous year. Niger and Senegal were at the top of the list with rates of 10.4 percent and 8.3 percent, respectively. During the COVID-19 pandemic, the impact on the economy was severe. The growth of the North African real GDP was estimated at minus 1.1 percent in 2020. However, estimations for 2022 looked much brighter, as it was set that the region would see a GDP growth of six percent, compared to four percent in 2021.
Contribution of Tourism Various countries in Africa are dependent on tourism, contributing to the economy. In 2023, travel and tourism were estimated to contribute 182.6 billion U.S. dollars, a clear increase from 96.5 in 2020 following COVID-19. As of 2024, South Africa, Mauritius, and Egypt led tourism in the continent according to the Travel & Tourism Development Index.

In 2022, the Gross Domestic Product (GDP) of North Africa grew by 4.3 percent compared to the previous year. Due to the COVID-19 pandemic, the North African economy shrank by 1.4 percent in 2020. Economic recovery was observed in the following year, with the GDP rising by almost 12 percent. North Africa's economic growth is set to remain stable in the coming years.

South Africa ZA: GDP: Real: Gross National Income data was reported at 3,029,229.057 ZAR mn in 2017. This records an increase from the previous number of 2,997,989.602 ZAR mn for 2016. South Africa ZA: GDP: Real: Gross National Income data is updated yearly, averaging 1,551,489.715 ZAR mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 3,029,229.057 ZAR mn in 2017 and a record low of 559,070.986 ZAR mn in 1960. South Africa ZA: GDP: Real: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Africa – Table ZA.World Bank: Gross Domestic Product: Real. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Central African Republic CF: GDP: USD: Gross National Income: Atlas Method data was reported at 2.711 USD bn in 2023. This records an increase from the previous number of 2.666 USD bn for 2022. Central African Republic CF: GDP: USD: Gross National Income: Atlas Method data is updated yearly, averaging 998.589 USD mn from Dec 1962 (Median) to 2023, with 62 observations. The data reached an all-time high of 2.711 USD bn in 2023 and a record low of 120.381 USD mn in 1962. Central African Republic CF: GDP: USD: Gross National Income: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Central African Republic – Table CF.World Bank.WDI: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

The statistic shows gross domestic product (GDP) in Sub-Saharan Africa from 2020 to 2024, with projections up until 2030. Gross domestic product (GDP) denotes the aggregate value of all services and goods produced within a country in any given year. GDP is an important indicator of a country's economic power. In 2024, Sub-Saharan Africa's aggregated gross domestic product amounted to around 1,841.17 billion U.S. dollars.

In 2022, the Gross Domestic Product (GDP) per capita in Africa reached 2,150.6 U.S. dollars, the highest value since 2015. In 2014, the value per capita was higher, at 2,316 U.S. dollars. The GDP per capita on the continent was set to follow an upward trend in the coming years to reach nearly 2,700 U.S. dollars by 2026.

South Africa ZA: GDP: Real: GNI per Capita data was reported at 53,409.396 ZAR in 2017. This records a decrease from the previous number of 53,520.741 ZAR for 2016. South Africa ZA: GDP: Real: GNI per Capita data is updated yearly, averaging 43,211.939 ZAR from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 54,080.712 ZAR in 2015 and a record low of 32,025.871 ZAR in 1960. South Africa ZA: GDP: Real: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Africa – Table ZA.World Bank.WDI: Gross Domestic Product: Real. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;